-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
- Status
Hogfighter
Professional Lurker
Some technical based shorts have covered. I have no doubt about that. It's just mechanical. The fundamental based shorts probably is scratching their heads. Overall I think short interest dropped. From long term view, this really doesn't matter. It's way more important to watch how Tesla is progressing. Right now it's Model 3 reservation, Model X ramp up, autonomous driving development, and Gigafactory progress. Every time shorts rig TSLA lower, I accelerate my purchase. Otherwise, I just watch every entry point to add more shares. TSLA is my only position without a stop loss. Shorts can not do much about it.
Muaddid
Member
Have to say I miss the little yahoo embeded TSLA tracker on the right.
But the climb back up makes me happy, almost back to green despite being terrible at chosing when to buy more shares XD
But the climb back up makes me happy, almost back to green despite being terrible at chosing when to buy more shares XD
In my view, money is money. A long term $7.5K ITC will encourage greater demand which will push for faster rate of growth by Tesla. It's all the better if Model 3 competes against a Camry than a 3-series (Add: on price).
Most other automakers are dead anyway you slice it. You can given them a 50% ITC they still won't be able to compete. They simply don't have the expertise, know-how, sales channels, leadership or most importantly the culture to get ahead of themselves.
Tesla only needs a few good factories. In many cases, it might be best to start fresh than inherit some old rusted mess and then cleanup. None of the old tools or bots will be helpful anyway. At best you get four walls, roof, and toilets. Not sure if that's worth the hassle in most cases. For example Gigafactory is being built from scratch. So is the Buffalo panel factory.
In terms of politics, lets them cry all they want. We too cry about unpriced-externalities, tax incentives for oil companies and such. Crying vs crying ties out. That works for me
Last edited:
I have had two interviews where I am paid $300 for a one to two hour visit by a marketing firm who holds their client a secret. The first I strongly suspect was paid for by Tesla. It was about 2 years ago. I am asked all sorts of questions not just about cars but lifestyle, politics, and they even take pictures of the rooms in my house. Second $300 interview was a one hour interview over the phone. Same sorts of questions. Today, BMW's design subsidiary in Ventura County has inquired to interview me in my home. Two hours they said. Pays $300. Hmm....I'd say they are interested in who these Tesla owners are and what we are all about.
sub
Active Member
It's amusing when new shorts come barging in all excited to spew the same tired logic that all the other shorts have been spewing for many years. Either southpaw is new to TSLA and doesn't realize this, or he thinks TMC is full of morons. Sure wish some of these shorts would come up with something new, I got bored of their usual drivel long ago.
Yep TE5LA, you are correct. What I forgot to say if you go with HSBC is that you should ask for the product "Invest Direct Plus", that's the one that allows trading in US shares, not Invest Direct.
Also, if you have an Invest Direct Plus ISA your trades must settle in sterling, but the good thing is you won't be stiffed on the currency exchange rate...you get the interbank market midpoint rate precisely to six or seven decimal places as it happens to be at that particular second no matter in which direction the conversion happens.
If you have the non ISA version of Invest Direct Plus (I use both) you can even have your trades settled through your own US dollar account (with HSBC's US broker), but not in the ISA version unfortunately...(that's probably a universal condition imposed on all share trading ISAs and not so much a quirk of HSBC). So trading US shares through an ISA involves a little currency speculation whether or not you intended it so. Good luck!
Hogfighter
Professional Lurker
The valuation discussion is very interesting to me. There's literally not another company that is growing as fast as TSLA, that requires so much capital to fund that growth, yet has gross margins that are in the mid 20's, and has so little viable competition on the horizon. So there's not a single comparison available, which is why we've seen the stock price reach 280 a year and a half ago...and hit the 140's as recently as a few weeks ago. Compare it to F or GM? Sure, some people do...except for the whole lack-of-growth-and-low-margin thing. GOOG or AMZN? It's comparing apples to footballs, and as investors we truly are in uncharted territory. That's why I pay attention to price/revenue, free cash flow, and gross margins.
What is really captivating is the whole Tesla architecture, similar to AAPL. AAPL commands huge profit margins in an industry famous for slim margins because of their architecture. I see similarities in TSLA....for example, why on earth would anyone buy an EV from GM, when they could buy a Tesla that comes with supercharging capability as well as the ability to improve over time via over-the-air software updates? So there's a real possibility that even when competition does come, TSLA will still command a premium for its products.
What is really captivating is the whole Tesla architecture, similar to AAPL. AAPL commands huge profit margins in an industry famous for slim margins because of their architecture. I see similarities in TSLA....for example, why on earth would anyone buy an EV from GM, when they could buy a Tesla that comes with supercharging capability as well as the ability to improve over time via over-the-air software updates? So there's a real possibility that even when competition does come, TSLA will still command a premium for its products.
everman
Member
Tesla just tweeted a teaser for the Model 3 unveiling event:
Tesla Motors on Twitter
I see they are using their new URL as well!
Tesla Motors on Twitter
I see they are using their new URL as well!
Last edited:
jhm
Well-Known Member
Ok, I guess the main losers here is the oil industry, and they can hire lobbyists and a few politicians to defend their industry.In my view, money is money. A long term $7.5K ITC will encourage greater demand which will push for faster rate of growth by Tesla. It's all the better if Model 3 competes against a Camry than a 3-series (Add: on price).
Most other automakers are dead anyway you slice it. You can given them a 50% ITC they still won't be able to compete. They simply don't have the expertise, know-how, sales channels, leadership or most importantly the culture to get ahead of themselves.
Tesla only needs a few good factories. In many cases, it might be best to start fresh than inherit some old rusted mess and then cleanup. None of the old tools or bots will be helpful anyway. At best you get four walls, roof, and toilets. Not sure if that's worth the hassle in most cases. For example Gigafactory is being built from scratch. So is the Buffalo panel factory.
In terms of politics, lets them cry all they want. We too cry about unpriced-externalities, tax incentives for oil companies and such. Crying vs crying ties out. That works for me
Cool
That hidden car has exactly the same size as the Model S, so no hint about size/type/mirrors or no mirrors/.... unfortunately. 
jhm
Well-Known Member
That's the thing. Tesla can become a free enterprise model business. It built its own charging network without asking the government to do it. It builds products that Americans can be proud of. It does not submit to the cronism of auto dealers. Sure, it got some tax breaks in California and Nevada, but that is standard practice for all businesses that local governments try to attract. All businesses utilize government incentives and tax breaks, but Tesla is really not seeking or requiring these things. It simply wants access to markets. Oh, yeah, and Tesla has been a major job creator. The level of entrepreneurship is head and should above most US corporations. So what's the beef?
- Status
Similar threads
- Locked
